Global Functional Fluids & Foods and Beverages Market 2018 Forecasts and Analysis ReportsnReports.com offers Global Functional Fluids Market 2014-2018 and Global Functional Foods and Beverages Market 2014-2018 new market research reports in its store.

DALLAS, July 3, 2014 /PRNewswire-iReach/ -- The end-user industries of functional fluids are heavily investing in technologies and are working toward having a product line based on superior base oils and additives, which will accelerate growth and enhance the productivity of end-users. Major functional fluid vendors are continuously restructuring their product portfolios to include new products that will help end-users to maximize productivity and profitability. Another emerging trend in the functional fluids market is that functional fluid vendors are offering efficient service programs and enabling customer service by building OEM partnerships. Such initiatives practiced by major vendors are essential elements for success in the Global Functional Fluids market.

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According to the "Global Functional Fluids Market 2014-2018" report, several drivers are propelling the rapid growth of the Global Functional Fluids market, including growing technological advancements in the Industrial sector. As technology improves in this  sector, there is an increased demand from end-users for functional fluids that enable high energy, efficiency, productivity, sustainability, and the smooth-running of end-users' businesses.

This report covers the present scenario and the growth prospects of the Global Functional Fluids market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from sales of functional fluids across various industries. It provides data on different segments of the market based on product type and geography.

Global Functional Fluids Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, North America, the APAC region, and the ROW; it also covers the Global Functional Fluids market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The report recognizes the following companies as the key players in Global Functional Fluids Market: BASF SE, BP plc, Chevron plc, ExxonMobil Corp., AJM Additives Inc. , Akzo Nobel N.V. , Alfa Laval (India) Ltd., Aral Aktiengesellschaft & Co.KG  , Chem Ecol Ltd., Cimcool Industrial Products Inc., Croda International plc, D-A Lubricant Co. Inc., D.A. Stuart Inc., Dow Chemical Co., Fuchs Petrolub SE, Gulf Oil Ltd. Partnership , Hatco Corp., Houghton International Inc.  , J.D. Streett & Co., Inc.  , Klüber Lubrication München KG, Parker-Hannifin Corp., Permatex Inc., Prestone Products Corp., Radiator Specialty Co., Royal Dutch Shell plc, Yushiro Chemical Industry Co. Ltd.

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Key Market Driver

  • Growth in Technological Advancements in Industrial Sector.

Key Market Challenge

  • Increase in Raw Material Prices.

Key Market Trend

  • Increased Focus on Product Innovations and Efficient Service Programs.

Further, the report states that one of the major challenges is the increasing price of raw materials, which affects the growth of the market and the profit margins of market players. Concerns about GHG emissions, ozone depletion, and global warming are also affecting the Global Functional Fluids market in the form of stringent regulations, which, in turn, affect market growth.

Functional foods and beverages falls under the category of health and wellness food products. It provides additional or enhanced health benefits over basic nutrition. Functional foods include a broad range of products that includes probiotics, prebiotics, or plant stanols and sterols. In addition, functional foods also include cereals, breads, yogurts, snacks and beverages that are fortified with vitamins, herbs or other specialty ingredients. The term specialty ingredient is used for the ingredients that are naturally nutrient-rich whole food source such as spirulina, garlic, soy or it may be an important component of a food, such as omega 3 fatty acids from salmon. Though functional foods and beverages provide health benefits, they should not be considered as an alternative to a varied and balanced diet, and a healthy lifestyle.

Analysts forecast the Global Functional Foods and Beverages market will grow at a CAGR of 5.21 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Functional Foods and Beverages market for the period 2014-2018. To calculate the market size, it takes into account revenue generated from the retail sales of functional foods and beverages.

Global Functional Foods and Beverages Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, the APAC region, and ROW; it also covers the Global Functional Foods and Beverages market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Regions

  • North America
  • Europe
  • APAC
  • ROW

Key Vendors

  • General Mills Inc.
  • Kellogg Co.
  • Nestlé S.A
  • PepsiCo Inc.

Other Prominent Vendors

  • Arla Foods Inc.
  • BioGaia AB
  • Chr. Hansen A/S
  • Clover Industries Ltd
  • Fonterra Co-operative Group Ltd
  • Ganeden Biotech plc
  • General Mills Inc.
  • Institut Rosell-Lallemand
  • Lifeway Foods Inc.
  • Probi AB
  • Royal DSM NV
  • Seven Seas Ireland Ltd

Key Market Driver

  • Growing Demand for Functional Food Products.

Key Market Challenge

  • Threat of Contamination of Ingredients and Raw Materials.

Key Market Trend

  • Increasing Global Health-conscious Population.

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